Culled—Proshare March 17, 2017/FSDH We expect the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to hold rates at the current levels when it meets on March 20-21, 2017. Although both the inflation rate and foreign exchange rate have shown signs of improvement in the last few […]
Money Market
Naira Sells For N444 Against US Dollar As CBN Auctions $150m Forex Forwards
March 17, 2017/The Will Following Wednesday’s sale of a total of $150 million through foreign exchange, forex, forwards by the Central Bank of Nigeria, CBN, the naira slightly appreciated at the street market closing Thursday at N444 to the dollar. The naira at the close of the day went stronger […]
Bank Of England: Bank Rate Held At 0.25per cent,
Culled—Proshare March 16, 2017/News The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 15 March 2017, the Committee voted by a majority of 8-1 to maintain […]
